Brian Molefe

Former Transnet CEO Brian Molefe, who is accused of colluding with the Guptas, was arrested this morning and is due in court.

“In May 2015, Transnet appointed JB Morgan for advisory services. The matter is reportedly linked to the procurement of 1 064 locomotives in 2015. Brian Molefe / File Photo

The Democratic Alliance welcomed the arrest of former Transnet CEO, Brian Molefe and ex-Chief Financial Officer, Anoj Singh on.

“While others have already been charged in this case, it seems that the last chickens have now finally come home to roost. Rautenbach says she believes that the next step must be for the R41.2 billion in contracts that were awarded to companies linked to the Guptas and their associate Salim Essa, to be recouped. They joined three other former Transnet executives, two businessmen, and one of their employees in the dock, following their first court appearance in July.

In the dock at the specialised commercial crimes court sitting in Palm Ridge magistrates court in May are, from left, Kuben Moodley, Eric Wood, Siyabonga Gama, ...

It was allegedly a double payment as Transnet had already paid Regiments, where Wood was also a director, for the work. Trillian allegedly did nothing to earn the fee but invoiced Transnet. In July the case was postponed to today in the Palm Ridge magistrate’s court for further investigations.

Several former Transnet executives have been arrested this morning while others including Siyabonga Gama are returning to court.

In July to October 2015, the same officials in Transnet started facilitating the termination of the JB Morgan contract. “In May 2015, Transnet appointed JB Morgan for advisory services. “In 2012, Transnet went on a Request for Proposal tender to get transaction advisory services to secure funding for $2.5 billion (equivalent of R30bn at the time) to fund the acquisition of the 1 064 locomotives deal,” spokesperson for the Investigative Directorate Sindisiwe Seboka said.

The executives were handcuffed on Monday morning by the National Prosecuting Authority's (NPA) Investigating Directorate, assisted by the Hawks.

Their arrests are related to a R93-million train purchase tender. They are expected to appear at the Palm Ridge Specialised Crimes Court and will be added to the fraud and corruption case involving former Transnet CEO, Siyabonga Gama. Several former Transnet executives were arrested and are expected to appear in court on Monday.

Also appearing with them were Regiments Capital directors Niven Pillay and Litha Nyhonhya. * Developing story…

Read:

The unidentified individuals are expected to appear in the Palm Ridge Specialised Crimes Court on Monday morning, the National Prosecuting Authority said in a ...

It didn’t identify the executives, but various media reports have confirmed they include former Transnet CEO Brian Molefe and former chief financial officer Anoj Singh. Gama, who was fired as CEO in 2018, is scheduled to appear in court on Monday after appearing on charges of fraud, corruption and money laundering in May, along with Garry Pita, the company’s former acting chief financial officer, and three other men. The National Prosecuting Authority (NPA) arrested several former executives of state-owned rail and freight company Transnet on Monday.

The R93m Transnet fraud and corruption case has been postponed to October as the state has undertaken to have presented the charge sheet to the accused by ...

It was allegedly a double payment as Transnet had already paid Regiments, where Wood was also a director, for the work. Advocate Thembela Bakamela, appearing for the state, said even though he had difficulties in committing to a specific date, he would commit that before the next appearance the charge sheet and final disclosures would have been made available to the defence. The magistrate asked the state to commit that before the next appearance date, the defence lawyers would have been served with a final charge sheet.

Former Transnet and Eskom boss Brian Molefe is expected appearance in Palm Ridge Magistrate's Court in Johannesburg.

We will be taking you through what we can establish in these early stages. We are following the arrests of former Transnet executives, which News24 has learned includes former CEO Brian Molefe, and former CFO, Anoj Singh. We understand this is linked to the procurement of 1 064 locomotives in 2014. Viewed from the perspective of the evidence overall, his contention is inherently improbable." It is now hearing a different matter. 2h ago Up next is Litha Nyhonyha. 3h ago Pillay's lawyer is done reading his bail application. He also owns shares in various companies. He adds that he will not interfere with state witnesses. It is truly a key moment in our country's history.

The two Transnet executive appeared in court along with Regiments Capital directors Niven Pillay and Litha Nyhonyha.

Prior to this, while reading out Molefe’s application affidavit, the advocate had told the court that Molefe received a pension of R52 000 a month. Singh was grilled on the cost escalation when he appeared before the Zondo commission. Molefe’s legal representative, Mpho Molefe, told the court that his client was a pensioner and had only managed to raise R20 000 towards bail. Pillay has an outstanding matter for which he is already out on bail, but has applied for a review of that. The rest would have to be raised from family and friends, he said. They were arrested in May and made their second appearance on Monday, alongside Gupta associate Kuben Moodley.

Molefe told the court that he suffered from diabetes, hypertension and arthritis – conditions for which he has to take medication daily.

I pay medical aid for my wife and my two (minor) children and two major (adult) children every month,” the former Eskom CEO submitted to the court. An invoice of R93.4m was then submitted by Trillian, through Daniel Roy who served as a director of Trillian. “I received R12 000 per month from MPB Logistics as a director of the company. In May 2015, Transnet appointed JB Morgan for its advisory services. The magistrate released the four on R50 000 bail and ordered that they hand in their passports. “I have to provide food and accommodation to my children and my elderly mother.

Former Transnet chief executive officer (CEO) Brian Molefe, Anoj Singh, the parastatal's former finance boss, and their co-accused were granted bail on ...

Nyhonyha told the court he was married in community of property. He also said his children had previously studied in America and Britain, but that they had since returned home. It was subsequently awarded to Trillian. [Transnet](/topic/transnet) to the Gupta family. [project](/topic/project)'s costs. [locomotives](/topic/locomotives).

Former Transnet CEO Brian Molefe and former group chief financial officer Anoj Singh – described as the 'primary architects' of State Capture at Transnet ...

To this end, the letter states, the matter was postponed for further investigation and the joining of the co-accused to 28 February 2022. “Most of the accused are out on R50,000 bail and it’s fair that they be treated like the others. “In the month August 2022 I had a summons issued against me for the recovery of the amount of R4,300,000. The matter was subsequently postponed to 28 February 2022 for further investigation. All four indicated they are aware of the seriousness of the cases against them and intend to plead not guilty. I have a civil judgment against me with the outstanding debt relating to the cost of R420,000. In July 2022, I had another civil judgment against me of an amount of approximately R5-million and I am appealing the judgment. “Regiments Capital was irregularly onboarded and ended up benefiting from the irregular appointment by Transnet in respect of the contract. The accused also face charges linked to the R93.4-million paid to Trillian Asset Management in 2015. The second group of suspects consisted of Molefe, Singh and Regiments Capital directors Nevin Pillay and Litha Nyhonyha. I receive a monthly pension of R52,000 per month.” The accused appeared in two separate groups in the Specialised Commercial Crimes Court in Palm Ridge on Monday morning.

Former Transnet executives Brian Molefe and Anoj Singh were arrested and appeared in court on Monday where they were granted R50,000 bail.

[NPA’s Investigating Directorate strikes; more arrests by mid-July](https://www.biznews.com/leadership/2022/06/01/npa-transnet-arrests) [Editorial: Guptas arrested. Head of the ID, Advocate Andrea Johnson says: “Transnet is considered one of the primary sites of massive looting of state funds at the peak of the state capture project. All accused are expected back in the Palm Ridge Specialised Crimes Court on 14 October. “They were not only involved in state capture at Transnet, but also later at Eskom, the state’s crippled power utility. “Regiments Capital was irregularly onboarded and ended up benefitting from the irregular appointment by Transnet in respect of the contract. Regiments was paid a R189m success fee for arranging a $1.5bn loan through the China Development Bank. That tender led to the purchase of 1,064 locomotives worth more than R54bn. This agreement included, amongst other services, the sourcing of the China Development Bank loan and the Club loan which were in the amount of $2.5bn, on behalf of Transnet [equivalent to R30bn at the time]. We, in collaboration with the Hawks, will ensure that we continue to follow the evidence and arrest and prosecute those who are fingered to have been alleged to be part of looting the state coffers. In effect, this was double-dipping. [State Capture ](https://www.statecapture.org.za/) [Inquiry](https://www.statecapture.org.za/) was blunt about the extent to which [Transnet was sucked dry](https://www.biznews.com/leadership/2022/06/01/state-capture-culprits-dock) to the tune of at least [R41.2bn by the Guptas and their cronies](https://www.youtube.com/watch?v=gkv7jvYDGE4). All four were granted bail of R50,000.

The past few days have seen signs of renewed life in our criminal justice system, but for many millions there is still no evidence of it working for them.

This is, in part, driven by the massive increase in the number of murders. From the 2018/19 financial year to the 2019/20 financial year, the number of murders attributed to vigilantism went up by more than 50%. To be clear, these are groups which used violence to extort money from construction firms in KwaZulu-Natal since 2015. It may be important to note that the Hawks have not arrested a member of the ANC’s National Executive Committee since the Zondo report was published. It spells out how extensive and disruptive these criminal groups have been. Both were found by the Zondo Commission to have been involved in State Capture and to have manipulated contracts for locomotives. Of course, it is not known at this point whether these arrests are the beginning of a long series or the endpoint for now. But, for many millions of people in our country, there is still no evidence of the criminal justice system working for them. [Lizette Lancaster has noted, the numbers are scary](https://www.news24.com/news24/opinions/fridaybriefing/lizette-lancaster-vigilantism-a-symptom-of-a-violent-underserviced-society-20210527). Both the Zandile Gumede case and the Ace Magashule trial involve alleged corruption in government. By any measure, this is indeed a frightening number, with way too often little or no accountability. It then emerged that at least R3-billion had been removed from the country illegally.